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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Jun. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and amounts due from depository institutions $ 4,385,648,000 $ 4,226,947,000
Investment securities:    
Available-for-sale at fair value 11,675,042,000 11,646,240,000
Trading securities 125,116,000 0
Other investments 848,588,000 820,395,000
Loans held for investment 75,637,888,000 [1],[2] 49,921,677,000 [1],[2]
Allowance for loan losses (1,425,856,000) (834,337,000)
Net loans held for investment 74,212,032,000 49,087,340,000
Loans held-for-sale at fair value 290,407,000 [3] 128,949,000 [3]
Premises and equipment, net 823,864,000 [4] 815,795,000 [4]
Accrued interest receivable 527,646,000 195,782,000
Equity method investments 141,238,000 3,085,450,000
Goodwill 8,901,273,000 3,431,481,000
Core deposit intangibles and other intangibles, net 770,469,000 34,614,000
Leased vehicles, net 4,615,969,000 0
Bank owned life insurance 1,668,040,000 1,651,179,000
Restricted cash 2,059,673,000 97,397,000
Deferred tax assets, net 0 747,958,000
Other assets 1,467,980,000 [5] 1,174,494,000 [5]
TOTAL ASSETS 112,512,985,000 77,144,021,000
LIABILITIES    
Accrued expenses and payables 1,287,073,000 1,050,785,000
Total deposits and other customer accounts 49,799,792,000 49,521,406,000
Borrowings and other debt obligations 38,213,650,000 12,376,624,000
Advance payments by borrowers for taxes and insurance 195,528,000 182,571,000
Deferred tax liabilities, net 376,796,000 0
Other liabilities 660,186,000 467,652,000
TOTAL LIABILITIES 90,533,025,000 63,599,038,000
STOCKHOLDER'S EQUITY    
Preferred stock (no par value; $25,000 liquidation preference; 7,500,000 shares authorized; 8,000 shares outstanding at June 30, 2014 and at December 31, 2013) 195,445,000 195,445,000
Common stock (no par value; 800,000,000 shares authorized; 530,391,043 and 520,307,043 shares outstanding at June 30, 2014 and at December 31, 2013, respectively) 14,729,609,000 12,209,816,000
Accumulated other comprehensive (loss) (117,904,000) (254,368,000)
Retained earnings 3,359,535,000 1,394,090,000
TOTAL SHUSA STOCKHOLDER'S EQUITY 18,166,685,000 13,544,983,000
Noncontrolling interest 3,813,275,000 0
TOTAL STOCKHOLDER'S EQUITY 21,979,960,000 13,544,983,000
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 112,512,985,000 $ 77,144,021,000
[1] Loans held for investment includes $1.3 billion and $0.0 billion of loans recorded at fair value at June 30, 2014 and December 31, 2013, respectively.
[2] Total loans held for investment includes deferred loan fees, net of deferred origination costs and unamortized purchase premiums, net of discounts as well as purchase accounting adjustments. These items resulted in a net decrease in loan balances of $2.2 billion as of June 30, 2014 and a net increase in loan balances of $122.6 million as of December 31, 2013, respectively. The significant fluctuation between periods is due to the purchase accounting marks resulting from the Change in Control of SCUSA.
[3] Recorded at the fair value option or lower of cost or fair value.
[4] Net of accumulated depreciation of $732.5 million and $584.2 million at June 30, 2014 and December 31, 2013, respectively.
[5] Includes residential mortgage servicing rights ("MSRs") of $124.1 million and $141.8 million at June 30, 2014 and December 31, 2013, respectively, for which the Company has elected the fair value option.